Amid all of the justifiable concern about underfunded public pension systems, most recently in Alaska, it's easy not to notice that some places appear to ...
According to statistics compiled (free registration required) by the National Association of State Retirement Administrators and the National Council on Teacher Retirement, a number of plans actually have surpluses, instead of the billion-dollar unfunded liabilities you often hear about. The Florida Retirement System ($7.6 billion surplus) and the North Carolina Teachers and State Employees system ($3.6 billion surplus) are among the big winners.
Two questions for which I don't have an answer: Is it possible that these numbers are misleading and these systems aren't as healthy as they appear? And, if not, what makes them different from all the places that are struggling?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Obamacare Signups Lower in Rural Areas1 hour ago
2014 Governors Races: The Year of the Tossup2 hours ago
The Biggest Push Yet to Make Health-Care Prices Public2 hours ago
The West, without Water3 hours ago
Louisiana May Determine Control of the U.S. Senate4 hours ago
Lawsuits Accuse Alabama Jailers of Letting Prisoners Die from Easily Treatable Illnesses4 hours ago